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SLP / TetherUS

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SLPUSDT trade ideas

Potion Potential- SLP/USDTSLP/USDT 🟢entry: $0.01667- $0.01629 ❌stoploss: $0.01449 🎯tp1: $0.02249- $0.02313 🎯tp2: $0.02767-$ 0.02606 🔼potential %profit: +36.0% 🔽potential %loss: -12.18% r/r: 2.98 Hi Everyone, 🧪as the market shows strength and rallies, i am looking for coins that have not yet broken out into growth, in an effort to set-up a low-risk/high-reward trade with a clear vision. 🧪SLP is still in a pattern of consolidation/compression; while other coins have broken out of their current range with both volume and momentum, SLP is delayed in this process. 🧪keeping in mind the ever-present uncertainty of trading, situations like this allow me to take a little peek into the future. i expect SLP to behave similar to many other markets that have exploded the past few days (take a look at TRX, for example). however, SLP hasn’t made it’s move yet, which presents an excellent trade opportunity. 🧪with the vision of an inverse head & shoulders pattern, i am entering a long as follows: 🧬buy orders where i expect the formation on a brief “right shoulder”, in the range of 0.01667- 0.01629. 🧬stop-loss below the low of the “head”, with a little extra breathing room, at 0.01449. 🧬first take profit at the 0.5 fib of the last large impulse move. 🧬second take profit near the high of the last large impulse move. 🧪check back for updates as the position progresses. 🧪feedback and constructive criticism is always appreciated. ✌️all good luck and always practice strict risk management!
Long
by TylerPhilip
SLP SLP SLP SLPbuy long!!! wait for the price to accumulate at the bounce area. patience is the key, dont position and stop chasing the market let the market chase you. Description already at the picture. Butterfly pattern slp making new all time low and by June or this May, Price of slp will go up no fcklng lies Market structure already telling where the price will go. Always use stop loss and small leverage Margin must be okay for you to risk, Risk management is a must.
Long
by mercilessdolphin
2
SLP 3 day stiill intact and cant go much lower, heres why?SMOOTH LOVE POTION (SLP) 3 day chart: This long consolidation period has been going on for 75 days straight inside my purple box. now the last 2 days was the first time it fell below the consolidation box. We do have the Hard Support Line listed and take a look at the RED circle, thats where the DeMark 9 reads again another bottom and its just at the bottom of the box line...it must hold this and move up... The Total 3 chart is still showing ALT coins are at the bottom...stay strong and make good decisions and watch that purple box, when SLP breaks out of the BOX, we could have a huge run up to all time highs.
Long
by bylerzone
6